Breast pumps are medical devices used for extracting milk from the breast of lactating mother. These devices are used mainly by working women to continue breastfeeding while they are at work. In some cases, physicians also recommend breast pumps to stimulate milk supply when the baby is unable to latch-on and suckle. Breast pumps have emerged as a preferable choice for the working women. The market is poised to witness a remarkable growth, primarily due to the related technological advancements such as double breast pumps, which help remove fat content from milk and replacing it with higher caloric value.
The world breast pump market is projected to garner revenues worth $829 million by 2022, registering a CAGR of 6% over the forecast period. The growth of the market is attributed to the rapid increase in working women population, inadequate maternity leave period and the growing awareness about the benefits and importance of breastfeeding. Other factors such as favourable reimbursement scenario, increasing healthcare expenditure by the government and technological developments in electric breast pumps will also help in the growth of the market. On the other hand, barriers such as high risk of contamination mainly in open system breast pumps, high maintenance of electricity battery pumps and hospital grade pumps, high cost of breast pumps coupled with low awareness, especially in under-developed countries such as Nigeria, Afghanistan and Bhutan are likely to restrain the market growth.
The world breast pump market is segmented on the basis of technology, product type, application and geography. On the basis of technology, the market is segmented into manual breast pumps, battery powered breast pumps and electric breast pumps. By product type, the market is segmented into closed system breast pumps and open system breast pumps. Closed system breast pumps are both the highest revenue generating segment as well as the highest growing segment owing to higher benefits such as reduced risk of contamination and a preventive barrier between the pump and the milk collection kit. Based on application, the market is segmented into personal use pumps and healthcare/hospital grade pumps. In terms of geography, the market is segmented into North America, Europe, Asia-Pacific (APAC) and Latin America, Middle East and Africa (LAMEA).
The North America breast pump market will be the leading revenue-generating region whereas Asia-Pacific will be the highest growing region, owing to growing demand for breast pumps. Asia-Pacific breast pump market is set to grow at a promising CAGR of approximately 10% from 2015 to 2022, due to factors such as rising disposable income and highly unmet medical needs.
Companies have adopted product development as their key development strategy in the breast pump market. Increase in focus on product development is mainly for the development of innovative technologies in the field of breast pumps. In February 2014, Pigeon Corporation launched "Electric Breast Pump" and "Electric Breast Pump First Class'' to help mothers pump and store breast milk which allows them to continue breastfeeding their babies even when they are at work.
KEY BENEFITS FOR STAKEHOLDERS:
The report provides an in-depth analysis of the breast pump market across major regions and countries, and total revenue generated during the forecast period
The report helps in understanding the strategies adopted by various breast pump companies, in order to gain a higher market, share in the global breast pump market
Region-wise and countrywide shares in the global breast pump market are comprehensively analyzed in the report
The projections in the report are made by analyzing the current market trends and highlighting the market potential for the period of 2014-2022, in terms of value and volume
Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the market framework.
Furthermore, key market players within this market have been profiled in this report and their strategies are analyzed thoroughly. This helps in understanding the competitive outlook on the supply side of the market.
KEY MARKET SEGMENTS:
By Technology (Value and Volume)
Battery Powered Breast Pumps
Manual Breast Pumps
Electric Breast Pumps
By Product Type (Value and Volume)
Closed System Breast Pumps
Open System Breast Pumps
By Application (Value and Volume)
Personal Use Pumps
Healthcare/Hospital Grade Pumps
By Geography (Value and Volume)
North America
U.S.
Market, By Technology
Market, By Product Type
Market, By Application
Canada
Market, By Technology
Market, By Product Type
Market, By Application
Mexico
Market, By Technology
Market, By Product Type
Market, By Application
Europe
Germany
Market, By Technology
Market, By Product Type
Market, By Application
U.K.
Market, By Technology
Market, By Product Type
Market, By Application
France
Market, By Technology
Market, By Product Type
Market, By Application
Spain
Market, By Technology
Market, By Product Type
Market, By Application
Switzerland
Market, By Technology
Market, By Product Type
Market, By Application
Belgium
Market, By Technology
Market, By Product Type
Market, By Application
Netherlands
Market, By Technology
Market, By Product Type
Market, By Application
Russia
Market, By Technology
Market, By Product Type
Market, By Application
Rest of Europe
Market, By Technology
Market, By Product Type
Market, By Application
Asia-Pacific
Japan
Market, By Technology
Market, By Product Type
Market, By Application
China
Market, By Technology
Market, By Product Type
Market, By Application
India
Market, By Technology
Market, By Product Type
Market, By Application
Vietnam
Market, By Technology
Market, By Product Type
Market, By Application
Rest of Asia-Pacific
Market, By Technology
Market, By Product Type
Market, By Application
LAMEA
Brazil
Market, By Technology
Market, By Product Type
Market, By Application
Saudi Arabia
Market, By Technology
Market, By Product Type
Market, By Application
United Arab Emirates
Market, By Technology
Market, By Product Type
Market, By Application
Rest of LAMEA
Market, By Technology
Market, By Product Type
Market, By Application
Key players operating in the breast pump market include:
Medela AG
Ameda, Inc.
Koninklijke Philips N.V. (Philips AVENT)
Hygeia Health
Bailey Medical Engineering
Linco Baby Merchandise Works Co. Ltd.
Whittlestone Inc.
Energizer Holdings Inc.
Pigeon Corporation
Albert Manufacturing USA
Other players in the value chain include:
Playtex Baby
Dr. Brown's
The First Years
*Profiles of these players are not included. However, the same will be included as per the request